Siemens Selects Verizon Business as Global Network Services Supplier

BASKING RIDGE, N.J. - Verizon Business will provide Siemens, one of the world's largest electrical engineering and electronics companies, with global networking services under an agreement announced Thursday (March 1). Verizon Private IP will support the Siemens corporate network, the communications link between various global business units that carries all of the company's business-critical applications as well as voice-over-IP (VoIP), SAP and e-mail applications.

Verizon Business is one of only three certified providers supporting Siemens' global network and is currently charged with the deployment of network services to several newly opened Siemens enterprise locations in Europe and the United States.

Siemens chose to invest in Verizon Private IP due to the service's global reach and technical management capabilities.  By unifying its enterprise locations on a single communications infrastructure, Siemens will benefit from flexible and efficient voice and data communications.

Alfons Kuhn, SCN director from Siemens, said: "The global strength of Verizon Business' state-of-the-art communication infrastructure was a key factor in our selection considerations.  It is important for us to know that our network is managed by the best possible partner and supported with strong service level agreements and transparent reporting.  Verizon Business gives us the reassurance we need to ensure that we can continue growing our business, safe in the knowledge that our existing global network is operating securely and effectively."

John Irvine, vice president of international marketing, Verizon Business, said: "Siemens needed an innovative solution that would unite its existing global enterprise network, produce cost efficiencies, and provide scalability for future growth. We are confident that Verizon Business will continue to offer the company the essential managed support it requires, helping it to maintain its competitive position as a global industry leader."

About Verizon Private IP

Available in more than 116 countries, Verizon Private IP is a high-performance, reliable, MPLS-based network that offers maximum flexibility, security and connectivity. It carries all types of traffic on a single virtual private network (VPN) -- voice, data, business-critical data, video and e-mail -- and provides a strategic platform for IP convergence. Each traffic type is managed according to its individual service-level requirements over a single connection, which efficiently consolidates bandwidth use.

About Siemens
Siemens, headquartered in Berlin and Munich, is one of the world's largest electrical engineering and electronics companies and holds leading market positions in all its business areas. The company has approximately 475,000 employees working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of services for individual requirements. Siemens provides innovative technologies and comprehensive know-how to benefit customers in over 190 countries. Founded 160 years ago, the company focuses on the areas of Automation and Control, Power, Transportation, Medical, Information and Communications and Lighting. In fiscal 2006 (ended September 30), Siemens had sales of €87.325 billion and net income of €3.033 billion. For more information, visit www.siemens.com.

About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE:  VZ), is a leading provider of advanced communications and information technology (IT) solutions to large business and government customers worldwide. Combining unsurpassed global network reach with advanced technology and professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit www.verizonbusiness.com.